Strauss-Kahn granted $6m bail but is forced to stand down from IMF

Wife posts seven-figure bond to free former banking chief as he vows to clear his name

Boyd Tonkin: The Nobel plot against America?

The week in books

Dominique Strauss-Kahn quits IMF over charges

Dominique Strauss-Kahn, who has been widely praised for his leadership of the Intentional Monetary Fund and its involvement in solving Europe's woes, resigned today to devote "all his energy" to fighting sexual assault charges in New York.

Cable talks down Brown's IMF hopes

Gordon Brown's prospects of taking over at the IMF suffered another blow today as Business Secretary Vince Cable suggested the top job should go to someone from within the Eurozone.

Video: Suspicion of IMF plot

Majority of French say Dominique Strauss-Kahn could be the victim of a plot.

Business Diary: Bloom warns of token women

Godfrey Bloom, the economist who is now the UKIP MEP for Yorkshire, has got himself worked up over the European Parliament's backing for new corporate governance rules requiring companies to do more to promote women to top jobs. "I feel it my duty to warn all my old City colleagues that amongst other proposals, special gender discrimination is on its way to City boards," he says. "So line up your token women everyone." It's fair to say the MEP has a little form on this issue, once telling an interviewer that "no self-respecting small businessman with a brain in the right place would ever employ a lady of child-bearing age".

Dominique Strauss-Kahn maid gives her side of the story to grand jury

The hotel maid who has accused Dominique Strauss-Kahn of attempted rape was due to testify before a grand jury behind closed doors last night, as her lawyers dismissed any notion that she consented to sexual contact with the head of the International Monetary Fund (IMF) in the penthouse suite of New York's Sofitel Hotel.

Adrian Hamilton: This is no way to treat an accused man

International Studies

Leading article: This decision should not be made in haste

Whatever the rights and wrongs of the situation in which Dominique Strauss-Kahn currently finds himself, the US Treasury Secretary was clearly right to say he was "not in a position to run the IMF". Adding his voice to that of European officials who have hinted broadly that Mr Strauss-Kahn should step down, Timothy Geithner said directly that the IMF's executive board should designate an interim head.

Letters: French media

I agree with John Lichfield that the French media is unwaveringly supine ("Dominique Strauss-Kahn: what's in a reputation?", 17 May). Several commentators here were saying yesterday that they shouldn't even have been allowed to show the "violent images" of DSK in handcuffs.

Heiress who backed husband's rise to the top stands by her man – again

There was a time when Dominique Strauss-Kahn was known in France as "Monsieur Sinclair", after his celebrity wife, Anne.

Matthew Norman: At least our papers don't pander to the political elite

Our tabloids are unlovely beasts, but by God the terror of them tends to keep the basest instincts in check

Business Diary: Hands off my mate, says Gross

Bill Gross, the joint head of Pimco, the world's largest bond fund, clearly doesn't fancy taking the job on all by himself. He's certainly keen to scotch any suggestion that his co-head, Mohamed El-Erian, might be an excellent candidate to replace Dominique Strauss-Kahn as head of the International Monetary Fund. "Mohamed is firmly committed for the next 20 years," Gross said yesterday. "He said that he hopes that I outlast him, but I am sure that he will be there in 2031 – I am not sure about myself." Is that clear enough?

View from Paris: French left looks to its 'nearly man' to challenge Sarkozy

The permanent "nearly man" of French politics, François Hollande, emerged yesterday as the most likely centre-left presidential challenger to Nicolas Sarkozy in a spot opened up by the jailing of Dominique Strauss-Kahn.

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